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from san francisco. first trading day of the fourth quarter. we're off to a big start. i'm live from oracle headquarters in san francisco, where i'll be speaking exclusive by with oracle president mark hurd later on in the program. hope you'll stay tuned for that. >>> meanwhile, we've got to talk about this big rally. i have to ask hurd what he makes of this market. for whatever reason, it keeps going higher. >> yeah, whether that has something to do with corporate earnings, we will know soon enough, momm maria. the dow was up 163 points at one time today. at the high of the day, the big gains coming before investors took in fed chairman bernanke's comments this afternoon we've all been talking about. we will have reaction to that address in the q&a session plus the outlook for the last three months of the year in just a moment. first a look at the major averages. a rally on the open this morning, mainly on the report that manufacturing started to grow again for the first time since may. construction spending was not great. that may have taken some of the sheen off this rally today.
. >> steve and rick, get along, would you? okay. where were we, maria? how's san francisco? >> everything's good. it's gorgeous here. i didn't realize how hot it would be. we're following the oracle story. they made some big announcements here about the cloud. we have a market that is about to really focus on fundamentals, i think. >> we were down about 90 points at the low. the dow is down 66 now with about 55 minutes to go today. >> don't go anywhere. we've got much more ahead on this huge edition of the "closing bell." >>> coming up, shooting from the lip. outspoken and controversial former yahoo! chief carol barts weighs in on the future of the tech giant and whether it's heading in the right direction. >>> plus, the oracle of oracle. maria sits down for an exclusive interview with larry ellison. what game changing products does the firm have in the pipeline, and what will the free-spirited ceo buy next? find out straight ahead. >>> and class action. in another exclusive, the man in charge of settling claims against convicted sexual offender jerry sandusky talks to maria about how pen
before that big fall. he bought a $16 million mansion in san francisco. he's got a multimillion dollar home in aspen. plus, he's got a lot of other wealth from facebook and other investments. but mark is now proof that sudden wealth can quickly become sudden wealth loss in social media. of course, the new .com guys learned something new, to take that wealth off the table before it goes up in smoke. back to you, michelle. >> yeah, exactly. thanks, robert. >>> we have about 20 minutes before the closing bell. the dow jones industrial average has now gone negative on the session. nasdaq's been there for about an hour. >> goldman sachs with a stunning market prediction. we'll tell you what it is and get the reaction next. don't go away. >>> apple shares rallying more than 70% since the death of steve jobs one year ago today. will that last, or will the magic drain out without jobs' vision? both sides of the debate coming up. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and
Search Results 0 to 2 of about 3